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Jan 14, 2013
01/13
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the president held the last news conference of the first term focusing on the economy and calling on congress to allow more borrowing authority up against the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. we are not a deadbeat nation. >> house republicans want spending cuts as part of a deal to lift the debt ceiling. without an agreement the country has until around march 1 before it may not be able to meet financial obligations. >> today is the one month anniversary of the deadly school shooting in newtown, connecticut. in washington, bay area members are among the group of democrats meeting with vice president biden about gun control. the vice president could turn over his proposals to president obama as early as tomorrow. >> a month ago today, the shooting massacre at sandy hook elementary school shocked the nation. and re-ignited a fierce battle over america's relationship with guns. tomorrow, vice president biden will recommend a robust gun control game plan to president obama including stronger
the president held the last news conference of the first term focusing on the economy and calling on congress to allow more borrowing authority up against the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. we are not a deadbeat nation. >> house republicans want spending cuts as part of a deal to lift the debt ceiling. without an agreement the country has until around march 1 before it may not be able...
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Jan 15, 2013
01/13
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KOFY
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president said he will negotiate spending cuts but not with the economy hanging in the balance. >> full faith credit of the united states of america is not a bargaining chip. >>reporter: president challenge is a lot of people we talked to today had no real grasp of what it meant to raise the debt ceiling f.congress raises the debt cell what does it do. puts us more in debt. >> it allows him to borrow more money. >>reporter: half the people we talked to had no idea what the debt ceiling was. she blamed lawmakers. >> i believe honestly they make things purposely confuse to go do whatever they want. >>reporter: so if the president wants to turn up the heat on house republicans he has to make the issue clear and as bruce explains, republicans need to decide if they really want to stand their ground on this issue at the risk of economic down tivrnlt i think a lot has to do yes tea party you want to make a case is this the time to do it and right way to do it. that i think is boehner responsibility to explain that to his caucus members. my unitsing that's what he's planning to do over the nex
president said he will negotiate spending cuts but not with the economy hanging in the balance. >> full faith credit of the united states of america is not a bargaining chip. >>reporter: president challenge is a lot of people we talked to today had no real grasp of what it meant to raise the debt ceiling f.congress raises the debt cell what does it do. puts us more in debt. >> it allows him to borrow more money. >>reporter: half the people we talked to had no idea what...
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Jan 13, 2013
01/13
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KBCW
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it's actually growing the local economy. i'm on the science committee and homeland security committee, and lawrence livermore laboratory in sandia, they're our largest employer in the district. i want to get business and government on the same page, enable government research to create private sector jobs. i think technology is actually allowing us to work in a bipartisan way. because it knows no party. the way we communicate today is through our mobile devices and our. >> i joy pads and -- our ipads and our notebooks. >> and he'll be heading back off to washington. it's going to be quite a busy time for the young man. >> we'll be right back. ,,,,,,,, ,,,, . >>> oracle is working on a flaw right now in the java software after homeland security urged people to disable the program. hackers have figured out how to exploit a security bug to attack pcs allowing them to commit crimes like identity theft. it affects the -- affects the most recent version, java seven and other software designed for web browsers. java was the prime t
it's actually growing the local economy. i'm on the science committee and homeland security committee, and lawrence livermore laboratory in sandia, they're our largest employer in the district. i want to get business and government on the same page, enable government research to create private sector jobs. i think technology is actually allowing us to work in a bipartisan way. because it knows no party. the way we communicate today is through our mobile devices and our. >> i joy pads and...
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Jan 15, 2013
01/13
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KNTV
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economy. the government will run out of tools to avoid defaulting on debt sometime in late february or early march. that would mean social security and other government benefit checks would stop going out. fed chairman ben bernanke is joining the cause saying the economy isn't out of the woods just yet from fiscal threats. back to you. >> thank you very much, seema. >>> let's check in with meteorologist christina loren as we kind of adjust the shot. >> everyone come in. lean in. i'm the queen. you'll have to do something to stay warm out there this morning. lean back if that's what it takes. 4:47. it is cold out there this morning. you're going to need all the winter gear you have in your closet. you could wear the snowboarding gear to work this morning if you wanted to. stay warm. i definitely brought my board and jacket in this morning. it's frigid out there. this is the last morning we expect the mid 20s. tomorrow we'll see more upper 20s and low 30s. this morning it is very cold. even cold
economy. the government will run out of tools to avoid defaulting on debt sometime in late february or early march. that would mean social security and other government benefit checks would stop going out. fed chairman ben bernanke is joining the cause saying the economy isn't out of the woods just yet from fiscal threats. back to you. >> thank you very much, seema. >>> let's check in with meteorologist christina loren as we kind of adjust the shot. >> everyone come in....
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Jan 14, 2013
01/13
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KGO
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the president held the last news conference of the first term focusing on the economy and calling on congress to allow more borrowing authority up against the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. we are not a deadbeat nation. >> house republicans want spending cuts as part of a deal to lift the debt ceiling. without an agreement the country has until around march 1 before it may not be able to meet financial obligations. >> today is the one month anniversary of the deadly school shooting in newtown, connecticut. in washington, bay area members are among the group of democrats meeting with vice president biden about gun control. the vice president could turn over his proposals to president obama as early as tomorrow. >> a month ago today, the shooting massacre at sandy hook elementary school shocked the nation. and re-ignited a fierce battle over america's relationship with guns. tomorrow, vice president biden will recommend a robust gun control game plan to president obama including stronger
the president held the last news conference of the first term focusing on the economy and calling on congress to allow more borrowing authority up against the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. we are not a deadbeat nation. >> house republicans want spending cuts as part of a deal to lift the debt ceiling. without an agreement the country has until around march 1 before it may not be able...
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Jan 16, 2013
01/13
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KTVU
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walmart's president says getting 100,000 veterans into the civilian work force should help stimulate the economy and after criticism over low pay and benefits it helps boost the retailers image. >>> the san francisco law that requires public construction projects hire a percentage of local workers is set to success the city could expand it. now city manager john wants lower requirement for tech companies that want tax breaks. right foul those employers only have to show they are trying to hire locals for some entry level jobs. >>> lance armstrong doping and deception could cost him millions of dollars. the u.s. postal service sponsored his team from 1990 to 2004. the government has rejected his offer to give back $5 million. armstrong's confession airs to tomorrow. but the world antidoping agency says it will take more than a tv interview. >>> the board of supervisors gave initial approval to a ban on smoking at fairs and festivals including the fillmore jazz festival. promotions would have to mention no smoking is allowed at though events. it would also require one no smoking sign and announcem
walmart's president says getting 100,000 veterans into the civilian work force should help stimulate the economy and after criticism over low pay and benefits it helps boost the retailers image. >>> the san francisco law that requires public construction projects hire a percentage of local workers is set to success the city could expand it. now city manager john wants lower requirement for tech companies that want tax breaks. right foul those employers only have to show they are trying...
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Jan 17, 2013
01/13
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KNTV
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. >>> in silicon valley, the technology economy, there's a reason we call things version 2.0. sometimes things need a little adjustment before they're ready to re-roll out. >> at this point there's no word on whether passengers on friday's flight will be rerouted. air india has grounded its dreamliners for the time being. >>> san jose are telling parents to be on the lookout for a man who tried to rip a child out of her mother's arms yesterday. this is a sketch of the suspect. an east san jose mother told her the suspect came up to her and her children in their front yard yesterday afternoon. she told us she knew something was wrong when he kept saying how beautiful her children were. shortly after he grabbed the 2-year-old daughter by the feet. >> when he knelt down, he grabbed my daughter by her feet, by her -- her ankles, and he -- i kind of picked her up. as she fell back on me, we were tugging at each other. and her bottoms were falling off. and then eventually her boots fell off. >> the mother didn't want to be identified there on camera. the mother was able to wrestle h
. >>> in silicon valley, the technology economy, there's a reason we call things version 2.0. sometimes things need a little adjustment before they're ready to re-roll out. >> at this point there's no word on whether passengers on friday's flight will be rerouted. air india has grounded its dreamliners for the time being. >>> san jose are telling parents to be on the lookout for a man who tried to rip a child out of her mother's arms yesterday. this is a sketch of the...
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Jan 15, 2013
01/13
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KRON
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the improving economy and high gas prices are the primary reasons. bart says, it will need to increase the number of train- cars in the system to 1-thousand in order to meet the growing demand. >> another night of frosty temperatures around the bay area. jacqueline bennett is here now with a check of the forecast. >> jacqueline: pam, it is already cold. 39 degrees. along the coast, 39 in half moon bay and also some detail. 38 in pleasanton, livermore. clear skies. cold temperatures again tonight with widespread 30's. 20's are building through fairfield and the conditions will start to improve but still in with a lot of third degree readings. clear and cold with a frost advisories. the frosty windshield and icy roads. temperatures a bit warmer in fact, this warming trend will continue. >> pam: police and city leaders trying to make sense of a violent weekend in oakland. 15 people were shot. including five at a birthday party last night. sunday's shooting came. after four people were shot and killed friday. today, oakland city officials promising actio
the improving economy and high gas prices are the primary reasons. bart says, it will need to increase the number of train- cars in the system to 1-thousand in order to meet the growing demand. >> another night of frosty temperatures around the bay area. jacqueline bennett is here now with a check of the forecast. >> jacqueline: pam, it is already cold. 39 degrees. along the coast, 39 in half moon bay and also some detail. 38 in pleasanton, livermore. clear skies. cold temperatures...
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Jan 18, 2013
01/13
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KPIX
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i'm just -- i'm just a victim of this economy. >> reporter: but the tenants say they are the real victims in this case. in san francisco, i'm da lin, cbs 5. >>> well, it is the go to website before going out. now yelp will offer more than food reviews. cbs 5 consumerwatch reporter julie watts on the additional information being offered to diners in san francisco. >> reporter: when it comes to eating out, clean is just as important as the cuisine. >> it's definitely important to me how clean a restaurant is. it's very important. >> you don't want to go into a restaurant and end up with ptomaine poisoning. >> reporter: well, starting this week san francisco diners will have one more protection against food-borne illnesses. yelp will now post the san francisco health department inspection results next to their reviews and star ratings. so your standard search will also include the numerical grade given to the restaurant from 0 to 100 on its last inspection. >> anything from the structural condition of the restaurant to if there's any type of vermin there to how they handle the food. >> repor
i'm just -- i'm just a victim of this economy. >> reporter: but the tenants say they are the real victims in this case. in san francisco, i'm da lin, cbs 5. >>> well, it is the go to website before going out. now yelp will offer more than food reviews. cbs 5 consumerwatch reporter julie watts on the additional information being offered to diners in san francisco. >> reporter: when it comes to eating out, clean is just as important as the cuisine. >> it's definitely...
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Jan 15, 2013
01/13
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. >> reporter: he said if washington fails to act on the debt creel, the national economy could dip, throwing all of the numbers off. >> that's going to have a very significant effect on revenues in california. >> reporter: the govern's budget that was released last thursday will be revised or updated in may. that is when we will truly know if our surplus plus has grown with the economy, or if it has dropped. >>> it doesn't look like survivors who filed lawsuits against pg & e are for the deadly san bruno explosion will go to trial. during a hearing in san mateo county superior court today, attorneys said they have come up with a process that should take about 90 days to settle the remaining legal claims. about 320 residents filed suit, and so far mediation efforts have netted settlements for some 120 plaintiff. >>> family members and politicians are calling for more resources to prevent military suicide as the number of suicides last year surged. numbers obtained from the pentagon show there were 349 suicides by service men and women in 2012. that's almost one a day, and also 48 mor
. >> reporter: he said if washington fails to act on the debt creel, the national economy could dip, throwing all of the numbers off. >> that's going to have a very significant effect on revenues in california. >> reporter: the govern's budget that was released last thursday will be revised or updated in may. that is when we will truly know if our surplus plus has grown with the economy, or if it has dropped. >>> it doesn't look like survivors who filed lawsuits...
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Jan 15, 2013
01/13
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KICU
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. >> reporter: he said if washington fails to act on the debt creel, the national economy could dip, throwing all of the numbers off. >> that's going to have a very significant effect on revenues in california. >> reporter: the govern's budget that was released last thursday will be revised or updated in may. that is when we will truly know if our surplus plus has grown with the economy, or if it has dropped. >>> it doesn't look like survivors who filed lawsuits against pg & e are for the deadly san bruno explosion will go to trial. during a hearing in san mateo county superior court today, attorneys said they have come up with a process that should take about 90 days to settle the remaining legal claims. about 320 residents filed suit, and so far mediation efforts have netted settlements for some 120 plaintiff. >>> family members and politicians are calling for more resources to prevent military suicide as the number of suicides last year surged. numbers obtained from the pentagon show there were 349 suicides by service men and women in 2012. that's almost one a day, and also 48 mor
. >> reporter: he said if washington fails to act on the debt creel, the national economy could dip, throwing all of the numbers off. >> that's going to have a very significant effect on revenues in california. >> reporter: the govern's budget that was released last thursday will be revised or updated in may. that is when we will truly know if our surplus plus has grown with the economy, or if it has dropped. >>> it doesn't look like survivors who filed lawsuits...
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see the protests in the background just right about the bronx the police responding with the worst economies on the surface and these protests have been about the right but the scale and the tensity of good fortune that really this is a much much more than just that he students the director of the east belfast mission group is working with young protesters to try to calm the tensions some kids are doing it for fun or doing it for more sinister motives in terms of to true terms of par in terms of ego. because it's sexier than the playstation you know young girls are doing it because girls even with young children we've seen on the streets. really realize what the russians to resolder what they're just. showing we're starving a lot and you know it's not simply about. one of the protesters here asking for just one or flag back up on water and pays to get off their backs aids peter robinson these do not really not when he was the one that had to start. their day forty thousand they floods for us to come out on the street to protest against their land a nice scent on his back save maybe take all
see the protests in the background just right about the bronx the police responding with the worst economies on the surface and these protests have been about the right but the scale and the tensity of good fortune that really this is a much much more than just that he students the director of the east belfast mission group is working with young protesters to try to calm the tensions some kids are doing it for fun or doing it for more sinister motives in terms of to true terms of par in terms...
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of rocks the police responding with the worst economy when the sun. had been about right but the scale and intensity of that. much much more than just that he students the director of the east belfast mission group is working with young protesters to try to calm the tensions some kids are doing it for fun or doing it for more sinister motives in terms of control terms of par in terms of ego some are doing it because it's sexier than the playstation you know young girls are doing it because girls even with young children we seen on the streets here i don't think a fully realized what their actions can result in but they're just right there are in some ways having a laugh and yet there's nothing funny about it one of the protesters tell us in. just a one hour flight back home owner and pays to get off their backs aids peter robinson least you're not silly not them he was the one that had to start. the day forty minutes for us to come out on the street to protest against. the nice and on his back save maybe take all the flak he's called was rubbish and.
of rocks the police responding with the worst economy when the sun. had been about right but the scale and intensity of that. much much more than just that he students the director of the east belfast mission group is working with young protesters to try to calm the tensions some kids are doing it for fun or doing it for more sinister motives in terms of control terms of par in terms of ego some are doing it because it's sexier than the playstation you know young girls are doing it because...
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you can see the face at the back just say the back roads of police responding with the worst economies on the surface and these protests have been about the flag but the scale and intensity of the decision that really this is about much much more than just bad luck easton's the director of the east belfast mission creep is working with young protesters to try to calm the tensions some kids are doing it for fun or doing it for more sinister motives in terms of control terms of par in terms of ego some are doing it because it's sexier than the playstation you know young girls are doing it because of young girls even with young children we've seen on the streets who i don't think a fully realized what their actions can result in what they're just right there and somewhere striving aloft and yet there's nothing funny about it what are the protesters here asking for just want our flag back up on water and pays to get off their back ses peter robinson least you're not silly not them he was the one that had to start. the day forty thousand they flipped for us to come out on the street to prot
you can see the face at the back just say the back roads of police responding with the worst economies on the surface and these protests have been about the flag but the scale and intensity of the decision that really this is about much much more than just bad luck easton's the director of the east belfast mission creep is working with young protesters to try to calm the tensions some kids are doing it for fun or doing it for more sinister motives in terms of control terms of par in terms of...
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to cut the budget and bring the country out of bed and investment advisor patrick yang says pain's economy has been spiraling out of control there's really absolutely nothing that can be done about the current spanish situation the government is affectively running a deficit around by nine percent of g.d.p. year that's a huge number being has the ten biggest deficit on the planet of any.
to cut the budget and bring the country out of bed and investment advisor patrick yang says pain's economy has been spiraling out of control there's really absolutely nothing that can be done about the current spanish situation the government is affectively running a deficit around by nine percent of g.d.p. year that's a huge number being has the ten biggest deficit on the planet of any.
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Jan 15, 2013
01/13
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KTVU
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. >> reporter: if washington fails to act on the debt ceiling the national economy could -- [no audio] >> reporter: because of the potential risks to our state budget that is one reason they say they want to create that $1 billion reserve and where the budget stands, that will be better known in may when we will know if the surplus has grown. ken pritchett, ktvu channel 2 news. >>> 49er fans are looking forward to a huge game this weekend. if they win they will go to their 6th super bowl. saturday night the 9ers destroyed the packers and a lot of fans are confident they will do well against the falcons. the championship game is sunday in the georgia dome and fans are optimistic even though the last time the 49ers won a road plaintiff game was 24 years ago. >> it is exciting wherever they win. there, here, no matter what it is still great. >> 49ers gear is selling fast. we checked with sf sports in san francisco, they say they are completely sold out of colin kaepernick jerseys. ktvu channel 2 news will have coverage of the championship game on sunday at 9:30 a.m. with championship pla
. >> reporter: if washington fails to act on the debt ceiling the national economy could -- [no audio] >> reporter: because of the potential risks to our state budget that is one reason they say they want to create that $1 billion reserve and where the budget stands, that will be better known in may when we will know if the surplus has grown. ken pritchett, ktvu channel 2 news. >>> 49er fans are looking forward to a huge game this weekend. if they win they will go to their...
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Jan 20, 2013
01/13
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MSNBCW
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the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >>> oh, yeah, i love it! >> there is a predator-prey relationship among the 2,800 inmates serving time at florida's santa rosa correctional institution. predators often extort weaker inmates, a practice very familiar to jesse kozlowski and his cell mate, tafari coke. >> as soon as they come in, whenever they get their money receipt, they let us know how much money they got and we'll make a list either for half of what they got or depending what type of person they is, we'll just take everything. >> since cash is banned in prison, the payout typically comes as commissary goods which inmates purchase from debit accounts funded by friend and family. >> this is my fifth cup of coffee today. i'm about to start sweating profusely. >> colin mccaffrey is the type of new inmate that could be the prime target for predatory extortionists. >> whenever they give you, they want something back, want you to do favors for them, so tha
the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >>> oh, yeah, i love it! >> there is a predator-prey relationship among the 2,800 inmates serving time at florida's santa rosa correctional institution. predators often extort weaker inmates, a practice very familiar to jesse kozlowski and his cell mate, tafari coke. >> as soon as they come in, whenever they get...
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Jan 15, 2013
01/13
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KPIX
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the economy very happy to hear that. we saw a better-than-expected rise in retail sales in december up .5% overall from the month of november. that was better than expected given all the stress regarding the "fiscal cliff" threats and when you lock at the best performing category cars and trucks, 1.6% up overall in 2012 the best year for auto sales since 2007. the numbers overall would have been even better if you strip out a 1.6% decline in the price of gas. now, when it comes to that decline in gas prices, that led to lower inflation on wholesale side of the equation. the producer price index fell two-tenths of a percent last month from the month before. overall, wholesale side inflation in 2012 up only 1.3%. that compared to a 4.7% inacross in 2011 falling gas prices certainly helping out at the end of the year. stock market coming off a mixed day and looking at a lower open this morning. continuing concern over techs including apple and iphone 5 demand in the holiday quarter. a look at the big board the dow is down 2
the economy very happy to hear that. we saw a better-than-expected rise in retail sales in december up .5% overall from the month of november. that was better than expected given all the stress regarding the "fiscal cliff" threats and when you lock at the best performing category cars and trucks, 1.6% up overall in 2012 the best year for auto sales since 2007. the numbers overall would have been even better if you strip out a 1.6% decline in the price of gas. now, when it comes to...
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Jan 20, 2013
01/13
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KBCW
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. >>> it felt like the economy was starting to turn. at the same time the interest rates kept getting lower and lower. >> taking advantage of a housing boom in the golden state. the sign the housing market is recovering in california and the rest of the country. >>> welcome back to first coast news at 11:00. it is 9:00 -- cbs 5 eyewitness news. it is 9:00, january january 20th. i am anne makovec. >> and i am phil matier. i just got word that president obama did complete his swearing in. >> yes. he did it before the top of the hour. >> the president just finished his private swearing in ceremony as we just mentioned at the was. supreme court chief justice roberts is there and using the first lady's family bible. here it is. >> i pa rack hussien obama do solemnly swear. >> that i will faithfully execute. >> the office of the president of the united states and will to the best of my ability preserve, protect and defend the constitution of the united states so help me god. >> congratulations mr. president. >> thank you mr. chief justice. th
. >>> it felt like the economy was starting to turn. at the same time the interest rates kept getting lower and lower. >> taking advantage of a housing boom in the golden state. the sign the housing market is recovering in california and the rest of the country. >>> welcome back to first coast news at 11:00. it is 9:00 -- cbs 5 eyewitness news. it is 9:00, january january 20th. i am anne makovec. >> and i am phil matier. i just got word that president obama did...
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Jan 17, 2013
01/13
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KRON
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this is a big part of our economy. people feel more and wealthier when their home is doing well. >> let's talk about bowling. to this is dominating the headlines. we have already had japan ground their planes and now york. ethiopia is starting to the ground theirs as well. what is the situation with bowling? >> and boeing is one of those companies that is one of the greatest. they are almost like dale. this is a japanese battery maker and this seems to be the biggest problem. death a a burly cleared the plan is two months ago and worldwide regulators are ground the planes. i do not like this because there's too much of a chance of recalls. short- term, boeing is a risk. but they will not go out of business and the plane will figure out its problems. you probably wil >> thank you rob. we will be visiting with you a began talking about the winners and losers later. the >> we're taking a look at van ness ave. >> we have several spots in the upper 20s. it is clear conditions for most of us perry ed it is patchy frost and t
this is a big part of our economy. people feel more and wealthier when their home is doing well. >> let's talk about bowling. to this is dominating the headlines. we have already had japan ground their planes and now york. ethiopia is starting to the ground theirs as well. what is the situation with bowling? >> and boeing is one of those companies that is one of the greatest. they are almost like dale. this is a japanese battery maker and this seems to be the biggest problem. death...
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Jan 19, 2013
01/13
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KNTV
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. >> what's the biggest misconception about our economy? >> is that the did he haeficit biggest problem we face. the deficit is not the biggest problem we face. the biggest problem we face is jobs. and wages. >> for decades we've been told don't tax the upper class because the less tax they have, the better it is for the middle class. true or false? >> false. the idea of the job creators belies -- the truth about the economy is the vast middle class, everybody is aspiring to join the middle class, they are the job creators because their spending creates jobs. >> we've been sold on this for years. >> i don't know why they've been sold on this. trickle-down economics, the idea if you give more tax breaks to people at the top and companies at the top, you're going to create jobs, has been proven over and over again to be false. >> some amazing insight. what's next for robert reich? he says if the president asks, he would go back to washington. as for now he loves teaching at cal and just released his latest book called "beyond outraged. "you c
. >> what's the biggest misconception about our economy? >> is that the did he haeficit biggest problem we face. the deficit is not the biggest problem we face. the biggest problem we face is jobs. and wages. >> for decades we've been told don't tax the upper class because the less tax they have, the better it is for the middle class. true or false? >> false. the idea of the job creators belies -- the truth about the economy is the vast middle class, everybody is...
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Jan 16, 2013
01/13
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KTVU
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economy including hiring veterans. they plan on hiring veterans, buying $50 billion worth of american made goods and helping part time workers transition into full time positions. >> facebook made its big announcement today and it wasn't quite as big as some people had hoped. robert handa is telling us about the new feature. >> reporter: the announcement there would be an announcement got the attention of literally the world today. the actual announcement here generated mixed feelings. news agencies from around the world came to facebook's mystery announcement today. founder and ceo mark zuckerberg unveiled graph search that will allow users to search the social network's database through their own friends post and help members zero in on other members who share interests. >> before having tools like this that was really just one half of the equation. people are going to have the ability to make these new connections. it's a new thing. >> reporter: tech analyst says it could help facebook and attract crucial advertisin
economy including hiring veterans. they plan on hiring veterans, buying $50 billion worth of american made goods and helping part time workers transition into full time positions. >> facebook made its big announcement today and it wasn't quite as big as some people had hoped. robert handa is telling us about the new feature. >> reporter: the announcement there would be an announcement got the attention of literally the world today. the actual announcement here generated mixed...
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Jan 18, 2013
01/13
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this sunday on "press: here" we'll examine what robots mean for the world economy. we sent factory jobs overseas. those jobs could come back to america and made by robots. one of the world's experts on technology and manufacturing from m.i.t. will be my guest this week. this could be a game changer in world politics. for about the last ten years we've been giving developing economies like china and india a taste of capitalism and growing standard of living. we're this close to taking the jobs away. the moment robots become cheaper to operate than people, what will happen with china when all those people lost their jobs? they're our biggest bank. i understand that we do have nbc. let's check in with whoever it is this morning. seema mody. good morning. >> it's me. hello. good morning. futures are mixed this morning after markets overseas specifically in japan rallied overnight. the nikkei moving higher after they said remarks on the yen were misinterpreted. intel reported disappointed earnings last night. stocks rose thursday on numbers with unemployment and housing
this sunday on "press: here" we'll examine what robots mean for the world economy. we sent factory jobs overseas. those jobs could come back to america and made by robots. one of the world's experts on technology and manufacturing from m.i.t. will be my guest this week. this could be a game changer in world politics. for about the last ten years we've been giving developing economies like china and india a taste of capitalism and growing standard of living. we're this close to taking...
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Jan 21, 2013
01/13
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KNTV
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obviously the economy continues to be a major source of trouble. and the budget. trying to get the debt ceiling increase which seems like a ritual now where we go up to the edge of that cliff and then at the last-minute we deal with that. there still is continuing problems. i think part of the theme is continuity trying to address the problems that have persisted over the last four years. >> thank you so much. we'll talk to you one more time. thank you so much. >>> the time now is 6:16. right now we want to give you a check of the day's top stories. the san francisco 49ers on top of the world heading to the super bowl. the team arriving at san jose international airport last night after beating the falcons 28-24. it was a spectacular victory. they'll face the baltimore ravens in super bowl xlvii in two weeks. >>> 100 people are allowed to return to their homes near sacramento after a freight train derailed sunday morning. hazmat crews had to evacuate the entire neighborhood when a clear substance started leaking from one of the cars. that liquid was not dangerous.
obviously the economy continues to be a major source of trouble. and the budget. trying to get the debt ceiling increase which seems like a ritual now where we go up to the edge of that cliff and then at the last-minute we deal with that. there still is continuing problems. i think part of the theme is continuity trying to address the problems that have persisted over the last four years. >> thank you so much. we'll talk to you one more time. thank you so much. >>> the time now...
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Jan 13, 2013
01/13
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CSPAN
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in this economy, i do not think we need to close any more businesses. thank you. [applause] >> i am a police officer here. thank you for coming out. you're one of the few congressmen who is taken the initiative to do this. you called sandy hook begun tragedy. it was a human tragedy. -- a gun tragedy. it was not. it was a human tragedy. you lost for solutions. i am not going to stand up here and lecture -- asked for solutions. i am not going to stand up here and lecture. i will say i carry ar-15 and my car every day. -- in my car every day. i find it deplorable that my wife may not be able to when i am gone. she cannot protect yourself, she does not need it, but i do, and you do? everyone should have the ability to protect themselves if needed. the solution, i know you guys are doing the best you can with what you have -- they need more for mental health. i cannot tell you how many they're doing all they can, but they need more. parents need to start taking responsibility and raising their children so that i do not have to. [applause] >> my name is peter. i am occu
in this economy, i do not think we need to close any more businesses. thank you. [applause] >> i am a police officer here. thank you for coming out. you're one of the few congressmen who is taken the initiative to do this. you called sandy hook begun tragedy. it was a human tragedy. -- a gun tragedy. it was not. it was a human tragedy. you lost for solutions. i am not going to stand up here and lecture -- asked for solutions. i am not going to stand up here and lecture. i will say i carry...
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Jan 15, 2013
01/13
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KTVU
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this debt ceiling battle in washington and if congress does not act on the debt ceiling, the national economy could fall and that would have a negative affect on california's budget numbers. they revealed a budget surplus in many years and that's thanks to a new tax revenue from proposition 30 as well as spending cuts. >>> the social media is buzzing about a possible announcement by facebook. janine de la vega joins us now from menlo park with more on a mystery event that is going to take place in just a few hours, good morning. >> reporter: good morning pam, we did see several news vehicles and as the morning goes on the area is expected to fill up and that's because at 10:00 a.m. facebook is anticipating a news conference to unveil something. we don't know what that something is just yet but they say come see what we are building. most people agree they are not talking about an actual building even though they are expanding their campus. some analysts are shooting down the idea of a phone because mark zuckerberg said a phone does not make sense. facebook is his top pry yourty and -- priorit
this debt ceiling battle in washington and if congress does not act on the debt ceiling, the national economy could fall and that would have a negative affect on california's budget numbers. they revealed a budget surplus in many years and that's thanks to a new tax revenue from proposition 30 as well as spending cuts. >>> the social media is buzzing about a possible announcement by facebook. janine de la vega joins us now from menlo park with more on a mystery event that is going to...
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Jan 14, 2013
01/13
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KTVU
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that trend is a concern for california's economy. as the retirement population grows and fewer workers to replace them. >>> the 49ers san francisco now know they will face the falcons for the right to go to the super bowl. the falcons got to the championship game by beating the sea hawks on a late field goal. now the falcons are the number one seed so the 49ers have to travel to atlanta before sunday's game. sports stores in san francisco were busy over the weekend with fans snapping up any 49ers gear they could get especially collin kaepernick jerseys. >> i'm excited. kaepernick is doing their thing. the whole organization is doing their thing. >> collin kaepernick touchdown celebration also sparked a new trend called kaepernicking. he flexes his arms and kisses his bicep. he has retweeted several pictures. you can see of fans giving their take on the celebration. >>> now the 49ers and falcons will play sunday right here on ktvu channel 2. our coverage begins right after mornings on 2 with nfl championship chase at 10:00 a.m.. kick
that trend is a concern for california's economy. as the retirement population grows and fewer workers to replace them. >>> the 49ers san francisco now know they will face the falcons for the right to go to the super bowl. the falcons got to the championship game by beating the sea hawks on a late field goal. now the falcons are the number one seed so the 49ers have to travel to atlanta before sunday's game. sports stores in san francisco were busy over the weekend with fans snapping...
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Jan 19, 2013
01/13
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KNTV
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and then get washington out of the way so that the economy can take off. they're their are good signs that the economic recovery is getting into a fairly healthy territory. but the threat to confidence, the uncertainty around the recurring crises we've had over the debt limit, over the fiscal cliff have been an impediment. if he can get that out of the way, he could then move to some of his other priorities and watch the economy grow over the next couple of years. >> i want to talk about the priorities in a second. you brought up this standoff. you know, one point, of course, there were democratic majorities in the house and senate, making it much easier to get some of those priorities through. now he only has the senate. how will that affect the president's wish list in the second term? >> well, he has the good fortune on the immigration issue which is one of his big priorities after the economic recovery and growth. from the fact that republicans know from the recent election results that they need to get healthy with hispanic voter. they were way on the
and then get washington out of the way so that the economy can take off. they're their are good signs that the economic recovery is getting into a fairly healthy territory. but the threat to confidence, the uncertainty around the recurring crises we've had over the debt limit, over the fiscal cliff have been an impediment. if he can get that out of the way, he could then move to some of his other priorities and watch the economy grow over the next couple of years. >> i want to talk about...
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Jan 15, 2013
01/13
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KPIX
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a couple years ago when the economy was really fragile, one of the ways to stimulate the economy was to lower the payroll tax for employees. so it went from 6.2% of your earnings down to 4.2%. that was awesome. it helped you get a little bit more money in your paycheck right? unfortunately, sadly now we're back at 6.2%. it was not extended as part of the fiscal cliff negotiations. >> it's interesting the footlocker chief executive, ken hicks, said that this payroll tax increase actually takes money out of the pockets of consumers. and so how do you think in general, what are economists saying about how it may affect consumer spending? >> a lot of the economists i talk to all the time were up in arms about this because they think that this payroll tax cut was a great form of stimulus. and now the resumption of that 6.2% number means we're probably going shave about a half a percent off our growth rate this year. you think, oh a half a percent, not a big deal. we're only growing by 2% a year so it is a big deal. >> in the beginning when you said between $18 and $20 less a week, it does
a couple years ago when the economy was really fragile, one of the ways to stimulate the economy was to lower the payroll tax for employees. so it went from 6.2% of your earnings down to 4.2%. that was awesome. it helped you get a little bit more money in your paycheck right? unfortunately, sadly now we're back at 6.2%. it was not extended as part of the fiscal cliff negotiations. >> it's interesting the footlocker chief executive, ken hicks, said that this payroll tax increase actually...
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Jan 20, 2013
01/13
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KRON
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it would be surprised when the economy was it down it would be difficult for things to provide those perks, outings, breakfast, lunch. was that difficult? >> we have a partnership with " to go green ". and to listen to all our employees what should we be spending our money on. it often came to things like day today process where if somebody can go out in the community and to donate their time and we will be giving them a day they pay. that does not cost us much but it's got great feedback. so, a lot of it is listening >> susan, i was wondering if this could be the thing that you were looking for as far as criteria from your employees. >> absolutely. we look of the best companies. we listen to what the employees to say and will listen to what the company says. really, what is important for the company and the performance is the people. that balance is very important we have extraordinary companies. like dreamworks. they have amazing practices it is about keeping and hiring great people. >> and tell us a little bit about the business culture has changed. over the past several years wer
it would be surprised when the economy was it down it would be difficult for things to provide those perks, outings, breakfast, lunch. was that difficult? >> we have a partnership with " to go green ". and to listen to all our employees what should we be spending our money on. it often came to things like day today process where if somebody can go out in the community and to donate their time and we will be giving them a day they pay. that does not cost us much but it's got...
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Jan 13, 2013
01/13
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KNTV
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. taste so uniquely fresh and delicious? is it the rich florida soil? or the perfect blend of sunshine, rain, and temperature? maybe it's the fact that florida's natural oranges are never imported. they're raised right here in florida, and passed with care from our hands to yours. 100% pure. 100% florida. florida's natural. you know you could just use bengay zero degrees. medicated pain relief you store in the freezer. brrr...see ya boys. [ male announcer ] new bengay zero degrees. freeze and move on. try our entrees, snacks and new salads. salmon with basil, garlic chicken spring rolls, and now salads, like asian-style chicken. enjoy over 130 tasty varieties, anytime. lean cuisine. be culinary chic. >>> brooklyn has a rich jazz history. it is often overlooked by all the big name clubs over here in manhattan. it is in a living room in an old brown stone in brooklyn's bedford section that is quietly gene
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. taste so uniquely fresh and delicious? is it the rich florida soil? or the perfect blend of sunshine, rain, and temperature? maybe it's the fact that florida's natural oranges are never imported. they're raised right here in florida, and passed with care from our hands to yours. 100% pure. 100% florida. florida's natural....
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Jan 17, 2013
01/13
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KTVU
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economy and japan nikkei was up only slightly and they look to the yen as a good sign for exports. trading yesterday, the dow jones industrial average started today at 13511 and right now it looks like a little bit of a higher opening across the board for all three major index. apple gained more than 4% closed at $500 a share boosting the nasdaq. apple's stock is down 28% from its all-time high last september but the cupertino based company remains worth $471 billion and right now it looks like it will trade up to $2 a share this morning. >>> on the bay area, movies about steve jobs and they are about to premier. >>> a great white shark encounter caught on tape by some nervous fishermen, how long it stuck around their boat. >>> and plus you can get the morning's top stories while you are sleeping send straight to your cell phone at 6:00 a.m. text the word wake up by 70123. iyin)Ñ)ogóçÑóçíç'Ñy?oo . >>> two australian fishermen had a good look at a great white. they were fishing when this big guy circled their boat bouncing along the side of their boat even putting its nose
economy and japan nikkei was up only slightly and they look to the yen as a good sign for exports. trading yesterday, the dow jones industrial average started today at 13511 and right now it looks like a little bit of a higher opening across the board for all three major index. apple gained more than 4% closed at $500 a share boosting the nasdaq. apple's stock is down 28% from its all-time high last september but the cupertino based company remains worth $471 billion and right now it looks like...
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Jan 16, 2013
01/13
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KRON
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. >> when the economy outwith the economy in the dolldrums three years ago, congress created the payroll tax holiday, which cut the payroll tax from 6.2% to 4.2%.for 2011 and 2012. meaning more money in your paycheck to spend to help get the economy going. well that so called holiday expired at the end of last year. meaning your payroll tax goes back up 2% meaning less take home pay. here's what it means. households making between 40 and 50 thousand dollars will see 579 dollars less this year. those making between 50 and 75 thousand dollars will see about 822 dollars less this year. those making between 75 and 100 thousand dollars will pay 1,206 more in tax, or 100-dollars a month the big question is, will this impact the economy? since consumers have less in their paycheck each week, even if it's 25$ a week, will they spend less? some forecasters say definitely. others say we've paid this rate for years and this 2-percent will have little impact over the long term. especially when you consider that middle class tax rates are not going up. >> pam: now this payroll tax we're talking about
. >> when the economy outwith the economy in the dolldrums three years ago, congress created the payroll tax holiday, which cut the payroll tax from 6.2% to 4.2%.for 2011 and 2012. meaning more money in your paycheck to spend to help get the economy going. well that so called holiday expired at the end of last year. meaning your payroll tax goes back up 2% meaning less take home pay. here's what it means. households making between 40 and 50 thousand dollars will see 579 dollars less this...
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Jan 15, 2013
01/13
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KNTV
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certainly little refuting the failure to raise the debt ceiling would send shock waves through the economy both national and global. that being said, president obama only fanned the flames today painting a picture of government catastrophe based on the facts seems a bit trumped up. >> ladies and gentlemen, the president of the united states. >> reporter: in the first press conference of his second term, president obama wasted little time scaring the day lights out of millions of americans who rely on government paychecks for one service or another, of the consequences of a u.s. default. >> may not be able to pay our troops or honor our contracts with small business owners. food inspectors, air traffic controllers, specialists who track down nuclear materials wouldn't get their paychecks. >> reporter: the president's statement is speculative and not true because, frankly, no one knows what programs will be short changed if the u.s. can't meet its payment obligations. it's never happened before. but here is what we do know courtesy of the bipartisan policy center. if congress fails to raise
certainly little refuting the failure to raise the debt ceiling would send shock waves through the economy both national and global. that being said, president obama only fanned the flames today painting a picture of government catastrophe based on the facts seems a bit trumped up. >> ladies and gentlemen, the president of the united states. >> reporter: in the first press conference of his second term, president obama wasted little time scaring the day lights out of millions of...
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Jan 21, 2013
01/13
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KRON
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together we determine that a modern economy requires rail roads and highways. schools and colleges to train our workers. together we discovered that a free market only thrives when they ensure competition and fair play. together, we resolved that a great nation must care for the vulnerable and protect it's people from life's worst hazards and miss for tune. through it all, we have never relingished our skept simz of sent rum authority nor have we succumbed to the can be secured through the government alone. our celebration of a nation, enterprise, our insist yans on hard work and personal responsibility, these are con stants in our character. but we have always understood when times change, so must we. but if i dealt to our founding -- fidelity requires new challenges. preserving our individual freedoms ultimately requires collective action. for the american people can no more meet the demands of today's word by acting alone than american soldiers could have met the forces of communisms with plussics. most people can train our sign and math teaches to e equip o
together we determine that a modern economy requires rail roads and highways. schools and colleges to train our workers. together we discovered that a free market only thrives when they ensure competition and fair play. together, we resolved that a great nation must care for the vulnerable and protect it's people from life's worst hazards and miss for tune. through it all, we have never relingished our skept simz of sent rum authority nor have we succumbed to the can be secured through the...
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Jan 19, 2013
01/13
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KGO
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eye 178
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teetering on the brink like it was in january, 2009, the president is still struggling with the slow economy, high unemployment and voters' lack of trust and confidence in washington. >> we are poised for a good year if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> before the hard work of the second term begins, the obamas will squeeze in a little bit of fun. in 2009 the president and first lady had a whirlwind night on the town. ten inaugural balls. this year there are just two official balls. one is expected to draw more than 35,000. ♪ they will groove to the sounds of katie perry, smoky robinson, usher, and brad paisley. >> and i like a good party. >> but it could be an early night. the president has a job to do the next day. >> it's been a busy and productive four years. i expect the same for the next four years. >> karen traverse, abc news, washington. >> our coverage of the inauguration begins monday at 4:00 a.m. with a special edition of good morning america. we will also have live streaming coverage
teetering on the brink like it was in january, 2009, the president is still struggling with the slow economy, high unemployment and voters' lack of trust and confidence in washington. >> we are poised for a good year if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> before the hard work of the second term begins, the obamas will squeeze in a little bit of fun. in 2009 the president and first lady had a...
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Jan 14, 2013
01/13
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KPIX
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eye 124
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. >> this is one of her pedestrian projects based on the fact that tech is part of california's economy. last year she created something called privacy enforcement and protection units in the attorney general's office and this is lawyers specifically designated to look into online privacy issues. also last month, the attorney general sued delta because their fly delta app was collecting names, e-mails, and for flyer mile information without a privacy policy. so basically this report that she came out with on friday could be entitled, how not to get sued like delta. if they are found guilty of violating the privacy protection act, they could suffer $2,500 in fines per violation. so that can be a ton of money based on the number of people that use the apps. >> that's a whole new frontier? >> reporter: it is. one more thing. [ inaudible ] >> whatever. >> especially before you go with the practical effect. >> there are going to be pop- ups that you will be able to pay attention to or not. most of us are going to not. having said that, a lot of the app makers are angry that they are going to
. >> this is one of her pedestrian projects based on the fact that tech is part of california's economy. last year she created something called privacy enforcement and protection units in the attorney general's office and this is lawyers specifically designated to look into online privacy issues. also last month, the attorney general sued delta because their fly delta app was collecting names, e-mails, and for flyer mile information without a privacy policy. so basically this report that...
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Jan 14, 2013
01/13
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KRON
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eye 185
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even the threat of default hurt our economy. it hurts our economy as we speak. we should not have that debate. if we want to have a conversation about how to reduce our economy let's have it. we've been having it the past two years. we does an entire campaign about it. by the way the american people agreed with me. we should balance our budget and eight way >> the president again taking questions and reporter q and a. we come back at 930 we will share comments. >> and bay area headlines we are hearing these city of local have a press conference today to address what the city is going to do with the latest string of violence. they have had six homicides and four people were killed on friday alone. the vice mayor over the weekend said that they should declare a state of emergency. their 131 homicides and oakland in 2012, of the most since 2006. >> get a look at temperatures of around the bay. also wanted to breeders around as a just valley with real concern about the citrus crop. also if you're heading out to fill up your tank you noticed gas prices are on the ris
even the threat of default hurt our economy. it hurts our economy as we speak. we should not have that debate. if we want to have a conversation about how to reduce our economy let's have it. we've been having it the past two years. we does an entire campaign about it. by the way the american people agreed with me. we should balance our budget and eight way >> the president again taking questions and reporter q and a. we come back at 930 we will share comments. >> and bay area...
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Jan 18, 2013
01/13
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KTVU
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eye 107
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and chinese economies. in europe both the uk and french markets are up. germany down' fraction. checking in on our numbers right now i'm look hack the the futures. and it does look like a pretty mixed opening this morning for us. that is after a decent day yesterday. s & p 500 close to 1500. so we'll have a better look as we get closer to the opening bell. >>> time now 5:18. a shark attack in hawaii? people are cautiously getting back into the water. where the shark went after a surfer and what kind of shark it was. >>> a night of fun in costumes at the lady gaga concert. there was also a serious message for concert goers. >>> you can wake up with ktvu every morning. get the mornings top stories that develop while you were sleeping sent straight to your cell phone. every weekday morning 6:00 a.m.. get your ktvu morning wake up call by texting the word wakeup to 70123. [ male announcer ] are you a business traveler who can withstand the perils of air travel? can you survive change fees? blackout dates? boarding in mobs? do you actually, in a weird way, kind of enjoy rude service?
and chinese economies. in europe both the uk and french markets are up. germany down' fraction. checking in on our numbers right now i'm look hack the the futures. and it does look like a pretty mixed opening this morning for us. that is after a decent day yesterday. s & p 500 close to 1500. so we'll have a better look as we get closer to the opening bell. >>> time now 5:18. a shark attack in hawaii? people are cautiously getting back into the water. where the shark went after a...
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Jan 14, 2013
01/13
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KTVU
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it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession and ironically would probably increase our deficit. so the united states america of two years its pills, that's ago, it would be -- i'm quoting speaker bohn er, it would be a financial disaster not only for us but for the worldwide economy. so we gotta pay our bills and republicans and congress have two choices, they can act responsibly and pay mesh a -- america's bills or they can act irresponsibly and put america through another economic crisis but they will not collect a ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly. time is running short. the last time republicans in congress even flirted with this idea, our aaa credit rating was downgraded. ironically, the whole fiasco actually added to the deficit. so it shouldn't be surp
it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession and ironically would probably increase our deficit. so the united states america of two years its pills, that's ago, it would be -- i'm quoting speaker bohn er, it would be a financial disaster not only for us but for the worldwide economy. so we gotta pay our bills and republicans and congress have two choices, they can act responsibly and pay mesh a -- america's bills or they can act...
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110
Jan 15, 2013
01/13
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CSPAN
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eye 110
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even the threat of default hurts our economy. it's hurting our economy as we speak. we shouldn't be having that debate. if we want to have a conversation about how to reduce our deficit, let's have that. we've been having that for the last two years. we just had an entire campaign about it. and by the way, the american people agreed with me that we should reduce our deficits in a balanced way that also takes into account the need for us to grow this economy and put people back to work. and despite that conversation, and despite the election results, the position that's been taken on the part of some house republicans is that, "no, we've got to do it our way, and if we don't, we simply won't pay america's bills." well, that can't be a position that is sustainable over time. it's not one that's good for the economy now. bes certainly not going to the kind of precedent that i want to establish not just for my presidency, but for future presidents, even if it was on the other side. democrats don't like voting for the debt ceiling when a republican is president, and yet y
even the threat of default hurts our economy. it's hurting our economy as we speak. we shouldn't be having that debate. if we want to have a conversation about how to reduce our deficit, let's have that. we've been having that for the last two years. we just had an entire campaign about it. and by the way, the american people agreed with me that we should reduce our deficits in a balanced way that also takes into account the need for us to grow this economy and put people back to work. and...
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Jan 13, 2013
01/13
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KGO
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powerhouse round tables taking on the president's new national security team and his point man on the economy. don't miss "this week" with george stephanopoulos coming up at 8:00 right here on abc7. >>> coming up next, a huge turnout, perhaps the biggest ever, for a bay area gun show. why so many people are stocking up. and later, more flu concerns as worries the flu continues to spread and vaccines run low all over the country. >> >>> huge lines and long waits for ammunition and guns are expected again today at the crossroads of the west gun show. it's in daly city. abc7 news reporter thomas ramon was there yesterday and has a look at the crowds at the cow palace. >> i cannot believe the number of people and cars. >> he is as shocked at the turnout as the organizers of the gun show at the cow palace. thousands came to daly city, many for the same reason and same concern. jalen just bought an ar-15 assault rifle. >> we need to get them now before they take them away. >> did you just buy this? >> i have three at home. this is the fourth. >> there's like 500 people in line just to get ammunitio
powerhouse round tables taking on the president's new national security team and his point man on the economy. don't miss "this week" with george stephanopoulos coming up at 8:00 right here on abc7. >>> coming up next, a huge turnout, perhaps the biggest ever, for a bay area gun show. why so many people are stocking up. and later, more flu concerns as worries the flu continues to spread and vaccines run low all over the country. >> >>> huge lines and long waits...
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Jan 17, 2013
01/13
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KPIX
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. >> reporter: we have some good news on the economy this morning. starting out with a labor department report that first time weekly unemployment claims fell by 37,000 to 335,000. lowest point in five years. four-week average down to 3359,000 meaning there's more hiring than firing. january is tough to figure out because of temporary holiday jobs that tend to go away at this time but this might indicate that some retailers are holding on to some of those employees a little longer perhaps even permanently. also good news on the housing market which just continues its recovery. commerce department reporting that housing starts in december were up over 900,000, more than 12% increase from the month before. and overall in 2012 up about 28% over the starts that we saw in 2011. prices are also on the increase and we're seeing fewer foreclosures. earnings are starting to roll in for the 4th quarter and ebay posted a nice quarter topping earning expectations thanks to big gains in its paypal unit. revenue came in just at about $4 billion. and ebay shares we
. >> reporter: we have some good news on the economy this morning. starting out with a labor department report that first time weekly unemployment claims fell by 37,000 to 335,000. lowest point in five years. four-week average down to 3359,000 meaning there's more hiring than firing. january is tough to figure out because of temporary holiday jobs that tend to go away at this time but this might indicate that some retailers are holding on to some of those employees a little longer perhaps...
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Jan 14, 2013
01/13
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KPIX
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it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so, to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, "a financial disaster" not only for us but for the worldwide economy. so, we've got to pay our bills, and republicans in congress have two choices here. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial wellbeing of the american people is not leveraged to be used. the full faith and credit of the united states of america is not a bargaining chip. and they'd better choose quickly because time is running short. the last time republicans in congress even flirted with this idea, our aaa c
it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so, to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, "a financial disaster" not only for us but for the worldwide economy. so, we've got to pay our bills, and...
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Jan 14, 2013
01/13
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KRON
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. >> the recovering the economy and high gas prices are driving record riders ship on bart. >> but the increase in passengers could bring problems as the transit district does not act to increase its capacity and rejuvenate its aging infrastructure. >> bart riders it has increased 6% over last year of the agency only anticipated a rise of about 2%. >> bart officials say to handle growth without dismissing service it needs to, the agency needs to beef up orders new train cars and increase capacity of platforms at the busiest bart stations. >> many of the times by a $18 million over budget and the first year mayor ed lease administration. >> officials say overtime work more than double the salary of some in the employes, with one muni mechanic raking in an extra $160,000. >> employees say a lot of the overtime and for working to get many new train control system operating. >> overall, many as 22 of the city's top 25 overtime wage earners, far outpacing the usual leaders to work in police and fire. >> we now know, the lance the falcons will face off against the san francisco 49ers next su
. >> the recovering the economy and high gas prices are driving record riders ship on bart. >> but the increase in passengers could bring problems as the transit district does not act to increase its capacity and rejuvenate its aging infrastructure. >> bart riders it has increased 6% over last year of the agency only anticipated a rise of about 2%. >> bart officials say to handle growth without dismissing service it needs to, the agency needs to beef up orders new train...
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Jan 15, 2013
01/13
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KRON
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. >> the increase in riders ship for bart is due to the improving economy and high gas prices bart riders ship has skyrocketed more than 366 366,000 passengers each weekday last year. this year 391,000 per week day. >> the san francisco police department released a sketch of a man who attacked in the mission district-- at tacked a woman . >> the sketch of a suspect, to to sexually assault a 31 year old woman back in january 6th. >> just before 3 in the morning, the woman was walking down to their street for church, when a man lunged at her grabbing her head bring to the ground. >> he described as an asian or hispanic male, 25 years of age, with the buzz haircuts and is light beard. >> the san mateo county narcotics task force arrested a man who officials say is suspected of selling illegal firearms out of his house and car. >> police arrested antonio infante that is all on spears avenue on friday. >> he is a convicted felon, which prohibits them from owning a firearm. >> police recovered to revolvers, one semi- automatic handgun and and sks assault rifle. that is what you're looking at he
. >> the increase in riders ship for bart is due to the improving economy and high gas prices bart riders ship has skyrocketed more than 366 366,000 passengers each weekday last year. this year 391,000 per week day. >> the san francisco police department released a sketch of a man who attacked in the mission district-- at tacked a woman . >> the sketch of a suspect, to to sexually assault a 31 year old woman back in january 6th. >> just before 3 in the morning, the woman...
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Jan 16, 2013
01/13
by
CURRENT
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world economy. or that's something they can take that they can negotiate with. as americans, that didn't used to be something that was negotiable. >> no. in honesty people, you know, we debated that issue. whatever side we talked about the increase, the increase, the increase. in a bipartisan basis and whether it was clinton or bush or reagan administration, et cetera, then people voted to increase the debt limit because it's not about future spending. it is about spending that has occurred and that is like getting your credit card bill in the mail and you've made the purchases and then you say well, hell, i'm not going to pay the bill. >> stephanie: really would be like talking to mastercard and going we really need to cut spending. so i'm not paying this. >> i'm just not going to pay my bill. >> stephanie: you're the one that ran up the spending. >> congress ran up the bill. you can have a debate and conversation about those efforts. >> i think what's incredible, i've been look at the commentary a
world economy. or that's something they can take that they can negotiate with. as americans, that didn't used to be something that was negotiable. >> no. in honesty people, you know, we debated that issue. whatever side we talked about the increase, the increase, the increase. in a bipartisan basis and whether it was clinton or bush or reagan administration, et cetera, then people voted to increase the debt limit because it's not about future spending. it is about spending that has...
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Jan 18, 2013
01/13
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KRON
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all making investors more optimistic about the economy. on wall street. the dow soared 84-points to close just shy of 13- thousand-600. the nasdaq jumped up 18- points. and the s-and-p-500 gained eight points. to close at another five-year high. chav >> jacqueline: we did see some temperatures in the 50s and 60s. this unseasonably warm weather will continue for the weekend. temperatures are still chilly in some areas. 30's with upper 30's as we go towards the weekend. low 40's. for the afternoon highs, plenty of 60s. through the weekend and as we see this area of high pressure. it is well to the north. no rain for several days. this will stay intact for wednesday of next week. we will enjoy mild temperatures and still some areas that are chilly. santa rosa, in napa. 28 in fairfield. we could see freezing fog again. temperatures are going to certainly reflect that with concord, pleasanton. freezing, below freezing. take a look at the bay shores. nearly 40's. and for the south bay. 434 san francisco tomorrow morning. it will be warming up tomorrow, 43-4 san
all making investors more optimistic about the economy. on wall street. the dow soared 84-points to close just shy of 13- thousand-600. the nasdaq jumped up 18- points. and the s-and-p-500 gained eight points. to close at another five-year high. chav >> jacqueline: we did see some temperatures in the 50s and 60s. this unseasonably warm weather will continue for the weekend. temperatures are still chilly in some areas. 30's with upper 30's as we go towards the weekend. low 40's. for the...
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Jan 17, 2013
01/13
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KRON
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unless there is something with the economy perry ed i would get what i could afford. contact the and see what options you have. >> the second question from suzanne perry ee. ebay stock isa 52, i should i buy? >> yes. do not buy over 52. you should buy a little bit now and then it goes higher by more. if you buy a 52 today and it goes down and you can dollar cost. mobil payments will be a big story. i like visa and mastercard. >> thank you rob for joining us. >> 9:18 a.m.. here is a beautiful shot of the san francisco donau. we are waiting for the sunshine to do the job. >> it is slowly starting to warm-up. we did have patchy fog fault with subfreezing temperatures. the warming trend will continue into the weekend. conditions are still below freezing and santa rosa. at apart is for napa up perry ed it is already in the '50s and richmond. we are dealing with upper 30 is true livermore valley. as we track the temperatures futurecast 4 shows that it will be a lot of 50s out there. as we head into the noon hour was the '50s as well as some 60's. if this is pretty much wher
unless there is something with the economy perry ed i would get what i could afford. contact the and see what options you have. >> the second question from suzanne perry ee. ebay stock isa 52, i should i buy? >> yes. do not buy over 52. you should buy a little bit now and then it goes higher by more. if you buy a 52 today and it goes down and you can dollar cost. mobil payments will be a big story. i like visa and mastercard. >> thank you rob for joining us. >> 9:18...
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Jan 18, 2013
01/13
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all making investors more optimistic about the economy. >> here is a look at the closing numbers. the dow soared 84 points to close to shy of 13,600. the nasdaq jumped up 18 points. and the s&p 500 gained a point to close at another five year high. >> we will have more at the opening bell at 6:30 a.m.. >> toyota motor co. says, it has settled what is to be the first of hundreds of lawsuits claiming the deaths and injuries were caused by problems in toyota vehicles. >> the problems sudden an unintended acceleration in toyota vehicles. the company reached an agreement in the wrongful death case, brought by the family of paul van alfen. and charlene jones lloyd. >> there were killed when their toyota camry slammed into a wall in utah back in 2010. the van alfen case was to be the first of hundreds tried. >> yelp is going to start displaying health inspection information about restaurants, bars, and cafes on its review side. >> san francisco will be the first city in the country to post a new health stores are yelp. >> so how restaurantare restaurn san francisco reacting to the news t
all making investors more optimistic about the economy. >> here is a look at the closing numbers. the dow soared 84 points to close to shy of 13,600. the nasdaq jumped up 18 points. and the s&p 500 gained a point to close at another five year high. >> we will have more at the opening bell at 6:30 a.m.. >> toyota motor co. says, it has settled what is to be the first of hundreds of lawsuits claiming the deaths and injuries were caused by problems in toyota vehicles....